Bifold Doors Market Size was valued at USD 10.08 billion in 2023. The Bifold Doors industry is projected to grow from USD 10.69 Billion in 2024 to USD 16.1868395 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 5.32% during the forecast period (2024 - 2032). Increased aesthetic values in construction and a high growth rate in the coming time due to the investment by manufacturers are the key market drivers enhancing the market growth. 
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Bifold doors contribute to energy efficiency through their insulated panels and advanced sealing mechanisms, reducing heat transfer and the need for artificial lighting. Additionally, their sleek design and versatility allow customization to match various architectural styles, making them a popular choice among architects and homeowners seeking contemporary. This factor drives the market CAGR. bifold doors of varying sizes, folding gracefully, tailor to diverse spaces with seamless style
Additionally, the demand for bifold doors is expected to rise due to urbanization and increased disposable income. People's growing awareness of interior design and willingness to invest in home remodeling projects will drive the market. Bifold doors offer an attractive view of the outside and enhance the visual appeal of buildings, particularly in resorts and the hotel industry.However, the complex folding mechanism with multiple hinges and panels poses a challenge, especially for DIY users. Additionally, the installation costs of bifold doors increase with larger door sizes, impacting Bifold Doors' market revenue.
The Bifold Doors market segmentation, based on material, includes wood, aluminum, PVC, and others. The aluminum segment dominated the market; aluminum is highly durable and provides excellent structural strength, ensuring longevity and stability for bifold doors. Bifold doors are designed to withstand harsh weather conditions, including extreme temperatures and humidity, without warping or deteriorating.
Based on application, the Bifold Doors market segmentation includes Residential, Non-residential. The Residential segment dominated the market; the growing preference for bifold doors in residential properties worldwide primarily drives this.They provide an excellent solution for maximizing natural light and creating a seamless transition between indoor and outdoor spaces.
Figure1: Bifold Doors Market, by Application, 2022&2032(USD billion) 
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
By Region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The North American bifold doors market area will dominate this market; the growth of hotels and restaurants in the Region has led to an increased demand for bi-fold doors, thereby boosting the market growth in the Region.
Further, the major countries studied in the market report are The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure2: BIFOLD DOORS MARKET SHARE BY REGION 2022 (%)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Europe's Bifold Doors market accounts for the second-largest market share due to the low cost of bariatric surgery and the rise in the number of diabetes people. Further, the German Bifold Doors market held the largest market share, and the UK bifold doors market experienced rapid growth, outpacing other markets in the European Region.
The Asia-Pacific Bifold Doors market is expected to grow at the fastest CAGR from 2023 to 2032. The dominance of sectors such as infrastructure and government initiatives promoting green buildings, which prioritize environmental conservation, contribute to this trend. Moreover, China’s Bifold Doors market held the largest market share, and the Indian Bifold Doors market was the fastest-growing market in the Asia-Pacific region.
Leading market players are investing heavily in research and development to expand their product lines, which will help the Bifold Doors market grow even more. Market participants are also undertaking various strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. The Bifold Doors industry must offer cost-effective items to expand and survive in a more competitive and rising market climate.
Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the Bifold Doors industry to benefit clients and increase the market sector. The Bifold Doors industry has offered some of the most significant advantages in recent years. Major players in the Bifold Doors market, including Andersen Corporation, JELD-WEN Inc., Pella Corporation, Ply Gem Industries Inc., AG Millworks, Associated Windows & Conservatories, ATIS Group, AWM Building Maintenance Ltd., Cascade Windows Inc., and other industry players invest in research and development initiatives to stimulate market demand.
Inwido, a leading European window group, is dedicated to enhancing people's indoor living experiences through high-quality windows and doors. With a consumer-focused approach and a decentralized structure, Inwido aims to offer the best-customized solutions in the market, driving sustainable growth organically and through acquisitions. Recently, Inwido made a strategic move by acquiring a majority stake in Dekko Windows System, a UK-based company specializing in manufacturing windows, doors, and other related products. This acquisition strengthens Inwido's presence in Europe and expands its product portfolio, offering a wide range of wood-based and composite materials for windows and doors.
Sheerline range of window, door, bi-fold, and lantern systems. Sheerline is a UK-based manufacturing company specializing in aluminum windows, doors, bi-folds, and roof lanterns. Their products are designed to meet the needs of discerning homeowners who prioritize warmth, slim profiles, and high security. Sheerline recently introduced the Prestige bi-folds, featuring their innovative Thermlock multi-chamber thermal break technology. Unlike other aluminum bi-folds with polyamide thermal breaks, Sheerline's Prestige bi-folds offer enhanced thermal performance and a stunning, high-quality finish.
March 2022: Inwido, a leading Swedish company specializing in wood-based window and door solutions, recently acquired a majority stake in Dekko Windows System. This strategic move aimed to enhance Inwido's presence in Europe by expanding its product offerings in the windows and doors market. Dekko Windows System, a UK-based company, is known for its manufacturing expertise in various types of windows and doors, including entrance and bi-folding doors, PVC patio doors, and aluminum and composite materials. The acquisition strengthens Inwido's position and provides a diverse range of high-quality windows and doors to meet customer demands.
September 2021: Sheerline, a UK-based manufacturing company that provides aluminum windows, doors, bi-folds, and roof lanterns, launched the Prestige bi-folds. Compared to comparable aluminum bi-folds that use polyamide thermal breaks, it is equipped with Sheerline's multi-chambered Thermlock technology, which guarantees improved thermal performance.
| Report Attribute/Metric | Details |
| Market Size 2023 | USD 10.08 billion |
| Market Size 2024 | USD 10.69 billion |
| Market Size2032 | USD 16.1868395 billion |
| Compound Annual Growth Rate (CAGR) | 5.32%(2024-2032) |
| Base Year | 2023 |
| Market Forecast Period | 2024-2032 |
| Historical Data | 2018- 2022 |
| Market Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Material, Application, and Region |
| Geographies Covered | North America, Europe, AsiaPacific, and the Rest of the World |
| Countries Covered | The U.S., Canada, German, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
| Key Companies Profiled | Andersen Corporation, JELD-WEN Inc., Pella Corporation, Ply Gem Industries Inc., AG Millworks, Associated Windows & Conservatories, ATIS Group, AWM Building Maintenance Ltd. |
| Key Market Opportunities | Increase in the aesthetic values in construction |
| Key Market Dynamics | The high growth rate in the coming time due to the investment by manufacturers |
Bifold Doors Market Highlights:
Frequently Asked Questions (FAQ) :
The Bifold Doors market size was valued at USD 10.08 Billion in 2023.
The market is projected to grow at a CAGR of 5.32% during the forecast period, 2024-2032.
North America had the largest share of the Bifold Doors Market
The key players in the market are Andersen Corporation, JELD-WEN Inc., Pella Corporation, Ply Gem Industries Inc., AG Millworks, Associated Windows & Conservatories, ATIS Group, and AWM Building Maintenance Ltd.
The AluminumBifold Doors category dominated the market in 2023.
Residential had the largest share in the Bifold Doors Market
Research Analyst Experienced business professional with a demonstrated history of working in the cfnb industry. skilled in market research, and market estimation. strong professional with a masters focused in marketing management.
Get in Touch
© 2024 Market Research Future ® (Part of WantStats Reasearch And Media Pvt. Ltd.)
